Businessman Jim “Mattress Mack” McIngvale doesn’t shrink back from placing his cash the place his mouth is — particularly in the case of sports activities groups that play in Texas.
Just a few days earlier than the Texas Longhorns and Washington Huskies performed within the Sugar Bowl, the well-known furnishings salesman determined to put a $1 million wager on the Longhorns to win the nationwide championship. McIngvale, who can also be an avid supporter of the Astros, was additionally seemingly incentivized by the concept that Texas may compete for the nationwide title inside NRG Stadium in Houston.
“On Friday evening, I drove to Louisiana to guess on my telephone,” McIngvale instructed FOX Sports activities. “I’ve an infinite ardour for UT soccer.”
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Houston fan Jim “Mattress Mack” McIngvale earlier than Recreation 5 of the World Sequence between Houston Astros and the Phillies at Residents Financial institution Park on Nov. 3, 2022, in Philadelphia. (Elsa/Getty Photographs)
Texas was searching for to advance to its first soccer championship sport for the reason that 2009 season. Quarterback Vince Younger led the 2005 Longhorns to victory within the BCS Nationwide Championship.
The Huskies managed to outlive Texas’ ultimate drive to safe an exhilarating 31-37 win in Monday evening’s Faculty Soccer Playoff semifinal sport in New Orleans.
MATTRESS MACK, WHO LOST $2 MILLION BETTING ON COWBOYS, HAS ADVICE FOR DAK PRESCOTT
If Texas pulled off a comeback within the Sugar Bowl, McIngvale’s $1 million guess at +270 odds at Caesars Sportsbook would have resulted in a hefty $2.7 million revenue. If the Longhorns went on to win subsequent week’s championship sport, he would have obtained a complete estimated payout of $3.7 million.
Based on sports activities betting firm, The Motion Community, McIngvale has misplaced roughly $10.25 million in sports activities wagers up to now three years.
Jim “Mattress Mack” McIngvale attends the grand opening of Horseshoe Las Vegas on March 24, 2023. (Denise Truscello/Getty Photographs for Caesars Leisure)
The furnishings retailer magnate beforehand positioned a big guess on Alabama to knock off Georgia within the 2022 nationwide title sport. However, the Crimson Tide finally suffered a 33-18 loss. The Bulldogs claimed their first nationwide championship in additional than 4 a long time, costing McIngvale greater than $6 million in losses.
Regardless of Georgia being the percentages on favourite within the 2023 nationwide championship sport in opposition to TCU, McIngvale had $3.1 million using on an upset. Georgia went on to blow out TCU en path to a second consecutive championship.
Washington entered the Rose Bowl as four-point underdogs.
McIngvale has loved some large wins throughout his highly-publicized sports activities betting profession. The Astros defeated the Philadelphia Phillies within the 2022 World Sequence, which allowed McIngvale to gather an unprecedented $75 million in winnings.
Jim McIngvale throws out a ceremonial first pitch because the Astros play the Colorado Rockies at Minute Maid Park on July 4, 2023, in Houston, Texas. (Bob Levey/Getty Photographs)
Michael Penix Jr.’s outstanding comeback story continued on Monday. The star quarterback completed the sport with 430 passing yards and two touchdowns. The sixth-year sign caller recovered from a number of accidents over his profession, together with two devastating knee accidents.
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Washington will play its ultimate sport as a member of the waning Pac-12 Convention within the Faculty Soccer Playoff Nationwide Championship sport in opposition to Michigan on Jan. 8.
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